BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $47,000,000 to refinance Discovery Village at the West End, a 219-unit, Class A independent living, assisted living, and memory care community in Richmond, Virginia.
Ryan Stoll, national director of Seniors Housing and Care at BWE, and Taylor Mokris, senior vice president of Seniors Housing and Care, arranged the financing on behalf of a large private equity investor.
“There was tremendous interest in this financing opportunity from a variety of capital sources, due to the strength of the sponsorship, along with the unparalleled market positioning of the community and diligent management by Discovery Senior Living.,” said Stoll. “By leveraging BWE’s deep connections across a broad range of capital sources, we continue to deliver great results for our valued clients and high-performing senior housing communities like Discovery Village at the West End.”
The amenity-rich community features well-appointed suites, gourmet restaurant-style dining, the inviting Legends club and bar, access to the Discovery University lecture series, concierge services, wellness center with fitness classes, on-site therapy, weekly housekeeping, Discovery Silver Cinema movie theater, and a host of additional luxury comforts to best serve its residents.
BWE’s National Seniors Housing and Care team provides a full suite Debt and Capital Markets services for clients covering the entire spectrum of seniors housing and care commercial real estate. BWE
